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Batch 20 triples down on FinTech and Digital Health, Takes on Uncle Sam with GovTech

Tristan Pollock
by

February 08, 2017

500 Startups’ 20th program (B20) in Silicon Valley starts at time that will be remembered across the world. Only three days after a new (and highly controversial) United States government administration has taken power and Silicon Valley is preparing for a Trumpocalypse.

Seeing this regulatory disruption as an opportunity for private sector tech companies, B20 includes GovTech (13.6% of B20), FinTech (27%) and Digital Health (15.9%).

In total, there are 44 companies in the four-month program that will run from January to May. Popular technology trends — including SaaS, marketplaces, AI/bots, big data, analytics, devops and hardware — also remain prevalent in the seed program formally known as an accelerator but continually geared towards scaling companies with early traction.

In total, 36% of the B20 are international representing 10 countries. Canada comes in first in terms of founder representation. Israel is a close second. Founders in B20 also hail from Thailand, Hong Kong, Latvia, Estonia, Brazil, United Kingdom, Nigeria, and France.

B20 is also a diverse set and has 20.5% of companies with at least one woman founder, 11.4% of companies in with at least one black founder, and 13.6% of companies with at least one latinX founder.

Programming continues to be focused on growth, fundraising and storytelling in B20 with a few specialty events, including the notorious Marketing Hell Week, the second B2B sales summit, and a new two-day, intensive fundraising boot camp.

For specific companies in the batch, General Motors is also getting involved and offering exclusive mentorship and access to the automotive industry.

Here’s the full list of companies published in TechCrunch.

Applications for the next program (B21 in Mountain View) are being accepted here.

picture1Pictured above: our SF Seed Program Team

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